Backgrounder: Legislative Power to Make Changes to the Teachers' Retirement System (Office of Legislative Research)
Oct 26, 2010
Report from the Connecticut General Assembly's nonpartisan Office of Legislative Research that looks at how the General Assembly may make changes to the state Teachers' Retirement System (TRS).
TRS is controlled by statute and its benefits are not subject to collective bargaining. By statute, the General Assembly may change TRS retirement benefits only for future teachers and for those working but not yet vested. (A teacher vests when he or she has worked for 10 years and thus becomes eligible for a retirement benefit.)
Moran, J. (2010). OLR Backgrounder: Legislative Power to Make Changes to the Teachers' Retirement System (2010-R-0391). Hartford, CT: Connecticut General Assembly, Office of Legislative Research. Retrieved from https://www.cga.ct.gov/2010/rpt/2010-R-0391.htm.